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Findev Inc. Announces 2017Q2 Results

Findev Inc. Announces 2017Q2 Results Toronto, Ontario (FSCwire) - Findev...

articleFindev Inc.August 30, 20174/company/findev-inc/news/findev-inc-announces-2017q2-results
Findev Inc. Announces 2017Q2 Results

About this update from Findev Inc.

[{"type":"text","content":"Findev Inc. Announces 2017Q2 Results \n\t\t\tbody { font-size: 11pt;\n\t\t\t}\n\n\t\t\t.nr-sub-head ul,\n\t\t\t.nr-body ul {\n\t\t\t\tlist-style-type: disc !important;\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-sub-head ol,\n\t\t\t.nr-body ol {\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-body p, .nr-body {margin-bottom: 0px !important;\n\t\t\t\t\tmargin-top: 0px !important;\n\t\t\t\t\t-webkit-margin-before: 0px !important;\n\t\t\t\t\t-webkit-margin-after: 0px !important;\n\t\t\t\t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 11pt !important;\n\t\t\t }\n\n\t\t\ttbody {\n\t\t\t\tborder-top: 0;\n\t\t\t}\n\n\t\t\t H1 {font-weight: bold;\n\t\t\t\tfont-size: 16pt;\n\t\t\t }\n\n\t\t\t H2 {font-weight: bold;\n\t\t\t\tfont-size: 12pt;\n\t\t\t }\n\n\t\t\t H3 {font-weight: bold;\n\t\t\t\tfont-size: 11pt;\n\t\t\t }\n\n\n\t\t\t H1.nr-head {\n\t\t\t \t\tfont-family: Trebuchet MS !important;\n\t\t\t \t\tfont-size: 16pt !important;\n\t\t\t \t\tcolor: #3D86C6 !important;\n\t\t\t \t\tfont-weight:bold !important;\n\t\t\t \t\ttext-align:center !important;\n\n\t\t\t }\n\n\t\t\t H2.nr-sub-head {font-weight: bold !important;\n\t\t\t \t\tdisplay: block !important;\n\t\t\t \t\ttext-align: start !important;\n\t\t\t \t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 12pt !important;\n\t\t\t }\n\n\t\t\t .nr-body a { font-size: 11pt !important;\n\t\t\t }\n\n\t\t\t TABLE { width: auto!important;\n\t\t\t }\n\n\t\t Findev Inc. Announces 2017Q2 Results\n Toronto, Ontario (FSCwire) - Findev Inc. (“Findev” or the “Corporation”) (TSX-V: FDI), is pleased to release its 2017Q2 financial results.\n\n \n\nDuring the quarter ended June 30, 2017, key financial highlights are as follows;\n\n \n\n\n\tGeneral and administrative expenses declined $94,323 or 47.7% versus the prior quarter;\n\tOperating income increased to $225,163 or 55.4% of revenues; and\n\tNet income increased to $270,716 or 66.7% of revenues.\n\n\n \n\nManagement continued to execute its business plan during the second quarter by reducing operating expenses and will seek to continue to reduce operating expenses further during the third quarter to its optimal level.\n\n \n\nThe Corporation declared its third consecutive dividend and anticipates declaring the forth in September.\n\n \n\nManagement is please...

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